Spillover Effects of Public Capital Stock: A Case Study for Ecuador

Roberto Zurita and Víctor Morales-Oñate

MPRA Paper from University Library of Munich, Germany

Abstract: This research examines the spatial spillovers of public capital on gross value added across 216 cantons in continental Ecuador. The investigation is conducted within the framework of Spatial Econometrics, utilizing various model specifications and spatial weight matrices, complemented by a Cobb Douglas-type model that incorporates spatial dependence. The findings highlight a positive spatial impact of the public capital stock, with approximately 30\% of the overall effect attributed to the indirect component. This underscores the importance of considering spatial structure when assessing the effects of capital on gross value added. Consequently, the study extends its exploration to derive column and row effects, aimed at identifying the most influential cantons within the neighborhoods established by the spatial structure.

Keywords: Public Capital; Spatial Effects; Factors of Production; Spatial Econometrics; Developing Countries (search for similar items in EconPapers)
JEL-codes: C1 C5 D24 (search for similar items in EconPapers)
Date: 2023-11-13
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/119152/1/MPRA_paper_119152.pdf original version (application/pdf)

Related works:
Journal Article: Spillover effects of public capital stock: A case study for Ecuador (2025)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:119152

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().